Aster Capital Management DIFC Ltd Takes $69,000 Position in Cheniere Energy, Inc. (NYSE:LNG)

Aster Capital Management DIFC Ltd purchased a new position in shares of Cheniere Energy, Inc. (NYSE:LNG) during the 4th quarter, Holdings Channel.com reports. The firm purchased 323 shares of the energy company’s stock, valued at approximately $69,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of LNG. Quantinno Capital Management LP lifted its holdings in shares of Cheniere Energy by 26.8% in the 3rd quarter. Quantinno Capital Management LP now owns 14,800 shares of the energy company’s stock valued at $2,662,000 after purchasing an additional 3,124 shares during the last quarter. Kovitz Investment Group Partners LLC purchased a new stake in Cheniere Energy in the third quarter valued at approximately $333,000. iA Global Asset Management Inc. acquired a new stake in shares of Cheniere Energy in the third quarter valued at approximately $868,000. Orion Portfolio Solutions LLC grew its position in shares of Cheniere Energy by 3.5% during the third quarter. Orion Portfolio Solutions LLC now owns 14,062 shares of the energy company’s stock worth $2,529,000 after acquiring an additional 470 shares during the last quarter. Finally, MML Investors Services LLC increased its holdings in shares of Cheniere Energy by 16.0% in the 3rd quarter. MML Investors Services LLC now owns 48,124 shares of the energy company’s stock valued at $8,655,000 after acquiring an additional 6,640 shares during the period. 87.26% of the stock is owned by hedge funds and other institutional investors.

Cheniere Energy Stock Up 1.0 %

Shares of NYSE LNG opened at $204.18 on Wednesday. The company has a quick ratio of 0.98, a current ratio of 1.07 and a debt-to-equity ratio of 2.41. The firm has a 50-day moving average price of $220.41 and a 200 day moving average price of $212.69. Cheniere Energy, Inc. has a 52 week low of $152.88 and a 52 week high of $257.65. The stock has a market capitalization of $45.67 billion, a price-to-earnings ratio of 14.35 and a beta of 0.67.

Cheniere Energy (NYSE:LNG) last announced its quarterly earnings results on Thursday, February 20th. The energy company reported $4.33 EPS for the quarter, topping the consensus estimate of $2.74 by $1.59. Cheniere Energy had a return on equity of 37.19% and a net margin of 20.71%. The business had revenue of $4.44 billion for the quarter, compared to analyst estimates of $4.44 billion. Equities research analysts anticipate that Cheniere Energy, Inc. will post 11.69 EPS for the current fiscal year.

Cheniere Energy Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, February 7th were issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 0.98%. The ex-dividend date of this dividend was Friday, February 7th. Cheniere Energy’s dividend payout ratio (DPR) is 14.05%.

Insider Activity

In other Cheniere Energy news, Director G Andrea Botta sold 9,000 shares of the firm’s stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of $219.51, for a total transaction of $1,975,590.00. Following the completion of the transaction, the director now directly owns 33,934 shares in the company, valued at approximately $7,448,852.34. This trade represents a 20.96 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.29% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently weighed in on LNG. Wells Fargo & Company increased their price target on shares of Cheniere Energy from $213.00 to $235.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 18th. The Goldman Sachs Group boosted their price target on Cheniere Energy from $234.00 to $261.00 and gave the company a “buy” rating in a research report on Thursday, December 19th. Argus assumed coverage on Cheniere Energy in a research report on Tuesday, March 18th. They set a “buy” rating and a $255.00 price objective for the company. Stifel Nicolaus boosted their target price on Cheniere Energy from $237.00 to $255.00 and gave the company a “buy” rating in a report on Friday, February 21st. Finally, Mizuho increased their price target on Cheniere Energy from $248.00 to $254.00 and gave the stock an “outperform” rating in a report on Tuesday, March 18th. One equities research analyst has rated the stock with a hold rating and fifteen have issued a buy rating to the company. Based on data from MarketBeat.com, Cheniere Energy presently has a consensus rating of “Moderate Buy” and a consensus price target of $239.79.

Cheniere Energy Company Profile

Cheniere Energy, Inc, an energy infrastructure company, primarily engages in the liquefied natural gas (LNG) related businesses in the United States. It owns and operates the Sabine Pass LNG terminal in Cameron Parish, Louisiana; and the Corpus Christi LNG terminal near Corpus Christi, Texas. The company also owns Creole Trail pipeline, a 94-mile natural gas supply pipeline that interconnects the Sabine Pass LNG Terminal with several interstate and intrastate pipelines; and operates Corpus Christi pipeline, a 21.5-mile natural gas supply pipeline that interconnects the Corpus Christi LNG terminal with various interstate and intrastate natural gas pipelines.